Woodside Energy Group Ltd (NYSE:WDS) Position Raised by First Trust Direct Indexing L.P.

First Trust Direct Indexing L.P. lifted its position in shares of Woodside Energy Group Ltd (NYSE:WDS) by 23.5% in the 1st quarter, Holdings Channel reports. The fund owned 56,021 shares of the company’s stock after buying an additional 10,655 shares during the period. First Trust Direct Indexing L.P.’s holdings in Woodside Energy Group were worth $1,119,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Massachusetts Financial Services Co. MA grew its position in Woodside Energy Group by 70.5% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 141,284 shares of the company’s stock worth $2,980,000 after purchasing an additional 58,412 shares during the last quarter. GAMMA Investing LLC bought a new position in Woodside Energy Group in the 4th quarter worth approximately $30,000. International Assets Investment Management LLC acquired a new stake in Woodside Energy Group in the 4th quarter valued at approximately $1,010,000. Stifel Financial Corp increased its position in Woodside Energy Group by 21.2% in the 4th quarter. Stifel Financial Corp now owns 220,231 shares of the company’s stock valued at $4,645,000 after acquiring an additional 38,497 shares during the period. Finally, Citigroup Inc. raised its stake in Woodside Energy Group by 45.4% during the 3rd quarter. Citigroup Inc. now owns 14,768 shares of the company’s stock valued at $344,000 after acquiring an additional 4,610 shares in the last quarter. Institutional investors and hedge funds own 3.17% of the company’s stock.

Woodside Energy Group Price Performance

WDS opened at $19.59 on Friday. The business has a fifty day simple moving average of $18.37 and a 200-day simple moving average of $19.54. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.03 and a quick ratio of 0.90. Woodside Energy Group Ltd has a fifty-two week low of $17.37 and a fifty-two week high of $25.84.

Wall Street Analyst Weigh In

Separately, Macquarie raised Woodside Energy Group to a “strong-buy” rating in a research note on Sunday, June 23rd.

Woodside Energy Group Profile

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.